Other Briefings
India’s Antitrust Regulator CCI Circulates Draft Rules on Determining Company Turnover
The Competition Commission of India (CCI) is inviting feedback on the proposed rules for calculating company turnover/income from December 22, 2023, to January 12, 2024. Comments must be submitted by completing the form exclusively available on the CCI website.
An Introduction to Doing Business in India 2024: New Publication Out Now
The 2024 Introduction to Doing Business in India Guide discusses the most updated corporate establishment procedures, changes to the investment landscape and trade environment, as well as tax, audit, accounting, HR, and payroll regulations and compliance requirements. In this year’s edition, we spotlight the factors making India the fastest growing G20 economy.
Status of India’s Digital Competition Law
The government appointed CDCL panel is examining the need for an ex-ante regulatory mechanism for the Indian digital market. We discuss the implications for the prevailing antitrust regime in India.
ICAI Releases Draft Auditing Standards for LLPs in India, Seeks Public Comments by January 6
The Institute of Chartered Accountants of India has released an exposure draft for public comments until January 6, 2024, proposing new auditing standards for Limited Liability Partnerships (LLPs) in India to align them with prevailing corporate auditing norms.
Understanding the Mandate to Appoint Women Directors Under Indian Company Law
We discuss provisions in India’s company law mandating the appointment of women directors and the repercussions for non-compliance.
North Indian State of Uttar Pradesh Releases FDI Policy, 2023: Key Provisions
UP is competing with major industrial Indian states like Tamil Nadu, Gujarat, and Karnataka to attract high-value investments from sector-leading companies, establish R&D and frontier innovation projects, and build up local manufacturing ecosystems.
LLP Rules, 2009 Amended and LLP (SBO) Rules, 2023 Notified as India Tightens Disclosure Requirements
India mandates LLPs to maintain a register of partners and document their beneficial interest in both tangible and intangible contributions. The notified rules indicate the mandatory time frame and updated forms for various reporting requirements.
Micro, Small, and Medium Enterprises in India: An Explainer
As the backbone of India’s economy, the MSME sector is poised for rapid growth. We discuss incentives and opportunities for the sector.
